نماذج فنيه
Highlight Specific Weekdayshis Pine Script highlights Tuesday, Wednesday, and Thursday on your TradingView chart by changing the background color on those days. It uses the built-in dayofweek() function to check the weekday of each bar, then applies a different semi-transparent color for each targeted day.
High Probability Liquid Bar Signals high probability liquid bar and show if the red bar generates sell signal and if the green bar generates buy signal
EMA 20/25/50/150//@version=6
indicator(title="EMA 20/25/50/150", overlay=true)
shorter = ta.ema(close, 20)
short = ta.ema(close, 25)
longer = ta.ema(close, 50)
longest = ta.ema(close, 150)
plot(shorter, color = color.red)
plot(short, color = color.yellow)
plot(longer, color = color.orange)
plot(longest, color = color.blue)
Weekend Filter Candlestick [odnac]Custom Candlestick Chart with Weekend Visibility Toggle
This indicator customizes the appearance of candlesticks by using a dark gray theme for better visibility.
Additionally, it provides an option to hide weekend candles, allowing traders to focus on weekday price action.
Features:
✅ Dark gray candlestick design for a clean and minimalistic look.
✅ Weekend hiding option – Users can enable or disable weekend candles with a simple toggle.
✅ Helps traders avoid weekend noise and focus on key market movements.
How to Use:
Add the indicator to your chart.
Use the "Hide Weekend Candles" setting to toggle weekend visibility.
When enabled, weekend candles will be hidden for a cleaner chart.
When disabled, all candles, including weekends, will be displayed.
This indicator is useful for traders who prefer to analyze weekday trends without unnecessary weekend fluctuations. 🚀
Upward Divergence with RSI ConfirmationThis indicator identifies upward divergences, signaling potential trend reversals from a downtrend to an uptrend. It combines price-action analysis with RSI confirmation to provide high-probability signals for upward momentum.
Key Features:
Divergence Detection: Captures key moments where downtrend weakness transitions into upward momentum.
RSI-Based Filtering: Confirms signals using RSI exceeding a user-defined threshold, adding reliability to the signals.
Customizable Parameters: Allows traders to adjust settings for downtrend length, RSI period, thresholds, and more.
Visual Signals: Displays upward markers on the chart for easy identification of signals.
Alert Ready: Includes real-time alert conditions to ensure you never miss a signal.
How to Use:
Add the indicator to your chart and configure the settings via the input menu.
Look for visual markers (arrows) to identify potential trend reversals.
Combine this indicator with other tools for a more robust trading strategy.
This indicator is ideal for traders looking to enhance their analysis with RSI-confirmed divergence patterns, whether trading stocks, forex, or cryptocurrencies.
ATR 3x Multiplier StrategyVolatility and Candle Spikes in Trading
Volatility
Volatility refers to the degree of variation in the price of a financial asset over time. It measures how much the price fluctuates and is often associated with risk and uncertainty in the market. High volatility means larger price swings, while low volatility indicates more stable price movements.
Key aspects of volatility:
Measured using indicators like Average True Range (ATR), Bollinger Bands, and Implied Volatility (IV).
Influenced by factors such as market news, economic events, and liquidity.
Higher volatility increases both risk and potential profit opportunities.
Candle Spikes
A candle spike (or wick) refers to a sudden price movement that forms a long shadow or wick on a candlestick chart. These spikes can indicate strong buying or selling pressure, liquidity hunts, or stop-loss triggers.
Types of candle spikes:
Bullish Spike (Long Lower Wick): Indicates buyers rejected lower prices, pushing the price higher.
Bearish Spike (Long Upper Wick): Suggests sellers rejected higher prices, pushing the price lower.
Stop-Loss Hunt: Market makers may trigger stop-losses by creating artificial spikes before reversing the price.
News-Induced Spikes: Economic data releases or unexpected events can cause sudden price jumps.
Understanding volatility and candle spikes can help traders manage risk, spot entry/exit points, and avoid false breakouts. 🚀📈
Machine Learning: Lorentzian Classification/ ====================
// ==== Background ====
// ====================
// When using Machine Learning algorithms like K-Nearest Neighbors, choosing an
// appropriate distance metric is essential. Euclidean Distance is often used as
// the default distance metric, but it may not always be the best choice. This is
// because market data is often significantly impacted by proximity to significant
// world events such as FOMC Meetings and Black Swan events. These major economic
// events can contribute to a warping effect analogous a massive object's
// gravitational warping of Space-Time. In financial markets, this warping effect
// operates on a continuum, which can analogously be referred to as "Price-Time".
// To help to better account for this warping effect, Lorentzian Distance can be
// used as an alternative distance metric to Euclidean Distance. The geometry of
// Lorentzian Space can be difficult to visualize at first, and one of the best
// ways to intuitively understand it is through an example involving 2 feature
// dimensions (z=2). For purposes of this example, let's assume these two features
// are Relative Strength Index (RSI) and the Average Directional Index (ADX). In
// reality, the optimal number of features is in the range of 3-8, but for the sake
// of simplicity, we will use only 2 features in this example.
// Fundamental Assumptions:
// (1) We can calculate RSI and ADX for a given chart.
// (2) For simplicity, values for RSI and ADX are assumed to adhere to a Gaussian
// distribution in the range of 0 to 100.
// (3) The most recent RSI and ADX value can be considered the origin of a coordinate
// system with ADX on the x-axis and RSI on the y-axis.
// Distances in Euclidean Space:
// Measuring the Euclidean Distances of historical values with the most recent point
// at the origin will yield a distribution that resembles Figure 1 (below).
//
// |
// |
// |
// ...:::....
// .:.:::••••••:::•::..
// .:•:.:•••::::••::••....::.
// ....:••••:••••••••::••:...:•.
// ...:.::::::•••:::•••:•••::.:•..
// ::•:.:•:•••••••:.:•::::::...:..
// |--------.:•••..•••••••:••:...:::•:•:..:..----------
// 0 :•:....:•••••::.:::•••::••:.....
// ::....:.:••••••••:•••::••::..:.
// .:...:••:::••••••••::•••....:
// ::....:.....:•::•••:::::..
// ..:..::••..::::..:•:..
// .::..:::.....:
// |
// |
// |
// |
// _|_ 0
//
// Figure 1: Neighborhood in Euclidean Space
// Distances in The Space:
// However, the same set of historical values measured using The Distance will
// yield a different distribution that resembles Figure 2 (below).
//
//
// ::.. | ..:::
// ..... | ......
// .••••::. | :••••••.
// .:•••••:. | :::••••••.
// .•••••:... | .::.••••••.
// .::•••••::.. | :..••••••..
// .:•••••••::.........::••••••:..
// ..::::••••.•••••••.•••••••:.
// ...:•••••••.•••••••••::.
// .:..••.••••••.••••..
// |---------------.:•••••••••••••••••.---------------
// 0 .:•:•••.••••••.•••••••.
// .••••••••••••••••••••••••:.
// .:••••••••••::..::.::••••••••:.
// .::••••••::. | .::•••:::.
// .:••••••.. | :••••••••.
// .:••••:... | ..•••••••:.
// ..:••::.. | :.•••••••.
// .:•.... | ...::.:••.
// ...:.. | :...:••.
// :::. | ..::
// _|_ 0
//
// Figure 2: Neighborhood in the Space
// Observations:
// (1) In the Space, the shortest distance between two points is not
// necessarily a straight line, but rather, a geodesic curve.
// (2) The warping effect of Lorentzian distance reduces the overall influence
// of outliers and noise.
// (3) The Distance becomes increasingly different from Euclidean Distance
// as the number of nearest neighbors used for comparison increases.
No wick candlesОпис коду:
Цей скрипт для Pine Script v6 аналізує свічки на графіку і визначає свічки, що не мають фітіля знизу або згори. Він позначає їх відповідними маркерами та змінює колір свічок на помаранчевий для покращення видимості. Цей індикатор допомагає трейдерам ідентифікувати важливі зони на графіку, де свічки мають специфічні риси (без фітіля), і використовується для виявлення потенційних точок для подальших торгівельних рішень.
Що робить цей індикатор:
Зелені свічки без фітіля знизу: Це свічки, у яких ціна відкриття дорівнює мінімуму свічки. Вони позначаються зеленими стрілками під свічкою.
Червоні свічки без фітіля згори: Це свічки, у яких ціна відкриття дорівнює максимуму свічки. Вони позначаються червоними стрілками над свічкою.
Зміна кольору свічок: Свічки, що відповідають умовам (без фітіля знизу або згори), змінюють свій колір на помаранчевий для підвищення видимості та чіткого виділення важливих зон.
Як використовувати:
Цей індикатор допомагає вам ідентифікувати зони, де ціна не має фітіля знизу (для зелених свічок) або згори (для червоних свічок). Ці свічки можуть бути важливими для трейдерів, оскільки вони часто сигналізують про сильні рівні підтримки або опору, де ймовірно відбудеться ретест.
Важливо:
Чекати ретест зони: Після появи таких свічок (особливо у зонах підтримки або опору) можна очікувати, що ці рівні будуть перевірені ще раз. Якщо ціни повертаються до цих зон, це може бути сигналом для входу в ринок.
Торгівля на ретестах: Якщо ціна після першого відскоку знову наближається до цієї зони (де була свічка без фітіля), можна очікувати відскок або продовження тренду, що створює можливість для вхідної позиції.
_______________________________
Description:
This Pine Script v6 indicator analyzes the candles on the chart and identifies those that have no lower or upper wicks. It marks these candles with appropriate markers and changes the candle colors to orange for better visibility. This indicator helps traders identify important zones on the chart where candles exhibit specific characteristics (no wicks), which can be used to spot potential trading opportunities.
What this indicator does:
Green candles with no lower wick: These are candles where the opening price equals the low of the candle. They are marked with a green arrow below the candle.
Red candles with no upper wick: These are candles where the opening price equals the high of the candle. They are marked with a red arrow above the candle.
Candle color change: Candles that meet the conditions (no lower or upper wick) change their color to orange for better visibility and to clearly highlight important zones.
How to use:
This indicator helps you identify zones where prices have no lower wick (for green candles) or no upper wick (for red candles). These candles may be important for traders, as they often indicate strong support or resistance levels where a retest is likely to occur.
Important:
Wait for a zone retest: After these candles appear (especially at support or resistance zones), you can expect these levels to be tested again. If the price returns to these zones, it could signal an opportunity to enter the market.
Trading on retests: If the price approaches the zone (where a wickless candle occurred) again, it may indicate a bounce or trend continuation, which provides a potential entry point.
Smoothed EMA LinesThe "Smoothed EMA Lines" script is a technical analysis tool designed to help traders identify trends and potential support/resistance levels in financial markets. The script plots exponential moving averages (EMAs) of the closing price for five commonly used time periods: 8, 13, 21, 55, and 200.
Key features of the script include:
Overlay: The EMAs are plotted directly on the price chart, making it easy to analyze the relationship between the moving averages and price action.
Smoothing: The script applies an additional smoothing function to each EMA, using a simple moving average (SMA) of a user-defined length. This helps to reduce noise and provide a clearer picture of the trend.
Customizable lengths: Users can easily adjust the length of each EMA and the smoothing period through the script's input parameters.
Color-coded plots: Each EMA is assigned a unique color (8: blue, 13: green, 21: orange, 55: red, 200: purple) for easy identification on the chart.
Traders can use the "Smoothed EMA Lines" script to:
Identify the overall trend direction (bullish, bearish, or neutral) based on the arrangement of the EMAs.
Spot potential support and resistance levels where the price may interact with the EMAs.
Look for crossovers between EMAs as potential entry or exit signals.
Combine the EMA analysis with other technical indicators and price action patterns for a more comprehensive trading strategy.
The "Smoothed EMA Lines" script provides a clear, customizable, and easy-to-interpret visualization of key exponential moving averages, helping traders make informed decisions based on trend analysis.
PriorHourRangeLevels_v0.1PriorHourRangeLevels_v0.1
Created by dc_77 | © 2025 | Mozilla Public License 2.0
Overview
"PriorHourRangeLevels_v0.1" is a versatile Pine Script™ indicator designed to help traders visualize and analyze price levels based on the prior hour’s range. It overlays key levels—High, Low, 75%, 50% (EQ), and 25%—from the previous hour onto the current price chart, alongside the current hour’s opening price. With customizable display options and time zone support, it’s ideal for intraday traders looking to identify support, resistance, and breakout zones.
How It Works
Hourly Reset: The indicator detects the start of each hour based on your chosen time zone (e.g., "America/New_York" by default).
Prior Hour Range: It calculates the High and Low of the previous hour, then derives three additional levels:
75%: 75% of the range above the Low.
EQ (50%): The midpoint of the range.
25%: 25% of the range above the Low.
Current Hour Open: Displays the opening price of the current hour.
Projection: Lines extend forward (default: 24 bars) to project these levels into the future, aiding in real-time analysis.
Alerts: Triggers alerts when the price crosses any of the prior hour’s levels (High, 75%, EQ, 25%, Low).
Key Features
Time Zone Flexibility: Choose from options like UTC, New York, Tokyo, or London to align with your trading session.
Visual Customization:
Toggle visibility for each level (High, Low, 75%, EQ, 25%, Open, and Anchor).
Adjust line styles (Solid, Dashed, Dotted), colors, and widths.
Show or hide labels with adjustable sizes (Tiny, Small, Normal, Large).
Anchor Line: A vertical line marks the start of the prior hour, with optional labeling.
Alert Conditions: Set up notifications for price crossings to catch key moments without watching the chart.
Usage Tips
Use the High and Low as potential breakout levels, while 75%, EQ, and 25% act as intermediate support/resistance zones.
Trend Confirmation: Watch how price interacts with the EQ (50%) level to gauge momentum.
Session Planning: Adjust the time zone to match your market (e.g., "Europe/London" for FTSE trading).
Projection Offset: Extend or shorten the lines (via "Projection Offset") based on your chart timeframe.
Inputs
Time Zone: Select your preferred market time zone.
Anchor Settings: Show/hide the prior hour start line, style, color, width, and label.
Level Settings: Customize visibility, style, color, width, and labels for Open, High, 75%, EQ, 25%, and Low.
Display: Set projection length and label size.
Feedback welcome—happy trading!
SQC These indicator will help you to find out quantity of stock based on your risk per trade divide by difference of high and low of candle.
Moving Average ModelsIndicator Name:
Moving Average Models
Disclaimer
Various factors can affect changes in the value of financial assets. These include, but are not limited to, geopolitical issues, industry policies, and technological developments within the industry. Other influencing elements include expectations of interest rates, inflation or deflation, unemployment rates, company development strategies, company revenues and liabilities, investor sentiment, and preferences for investor trading strategies. These factors may pose a risk of loss to investors' investment costs. Moreover, the past performance of individual trades does not guarantee future results or returns. Therefore, no a single idea, algorithm, script, indicator, or system content can account for all factors influencing financial asset value fluctuations. Investors are fully responsible for any investment decisions they make, and such decisions should be based entirely on an assessment of their financial situation, investment goals, risk tolerance, and liquidity needs.
The content provided in my ideas, algorithms, scripts, indicators, and systems is intended solely to demonstrate changes in the value of financial assets for educational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. The provider will not accept liability for any loss or damage, including, without limitation, any loss of investment costs, which may arise directly or indirectly from the use of or reliance on such information.
About Coffee
I would be delighted if my ideas, algorithms, scripts, indicators, and code can assist or inspire your pricing model. Should you feel inclined to buy me a cup of coffee, please feel free to contact me on TradingView. I am also more than willing to share my proprietary code indicators with you, along with practical usage tips for the related indicators.
CRYPTOCAP:ETH | CRYPTOCAP:USDT | CRYPTOCAP:USDC
0xE1b33484211595Ba4Dd9d6fEa52D64e873AfDe12
CRYPTOCAP:SOL | CRYPTOCAP:USDT | CRYPTOCAP:USDC
H8P3o2mqsb4u1R3TZa9PXKg5e5weyQFHVFMfZUPjheYE
CRYPTOCAP:USDT | CRYPTOCAP:USDC
TKQQNAZqBLQQMBSE98kEQdg6wRRqykNveh
CRYPTOCAP:BTC
bc1pkylhtk7srdqk6cyk7vfggzkkv8898drnmjpnvv69mp99uswh6rlstq63vr
Introduction to Indicator
This is a moving average indicator designed to facilitate the use of different types of moving averages to measure price changes. This indicator allows you to choose from 6 types of moving averages (SMA, EMA, RMA, HMA, WMA, VWMA) and set 12 periods. Moreover, it incorporates the concept of the Fibonacci golden ratio. By analyzing the trajectory of the short and long period Fibonacci golden ratio lines, it provides applicable evidence for determining the potential behavior of financial asset prices.
Applicable to all time intervals.
Indicator effect display
S&P 500 Index ( SP:SPX )
S&P 500 Index ( SP:SPX )
Tesla, Inc. ( NASDAQ:TSLA )
Tesla, Inc. ( NASDAQ:TSLA )
Bitcoin / U.S. Dollar ( BITSTAMP:BTCUSD )
Bitcoin / U.S. Dollar ( BITSTAMP:BTCUSD )
Double Top/Bottom Fractals DetectorDouble Top/Bottom Detector with Williams Fractals (Extended + Early Signal)
This indicator combines the classic Williams Fractals methodology with an enhanced mechanism to detect potential reversal patterns—namely, double tops and double bottoms. It does so by using two separate detection schemes:
Confirmed Fractals for Pattern Formation:
The indicator calculates confirmed fractals using the traditional Williams Fractals rules. A fractal is confirmed if a bar’s high (for an up fractal) or low (for a down fractal) is the highest or lowest compared to a specified number of bars on both sides (default: 2 bars on the left and 2 on the right).
Once a confirmed fractal is identified, its price (high for tops, low for bottoms) and bar index are stored in an internal array (up to the 10 most recent confirmed fractals).
When a new confirmed fractal appears, the indicator compares it with previous confirmed fractals. If the new fractal is within a user-defined maximum bar distance (e.g., 20 bars) and the price difference is within a specified tolerance (default: 0.8%), the indicator assumes that a double top (if comparing highs) or a double bottom (if comparing lows) pattern is forming.
A signal is then generated by placing a label on the chart—SELL for a double top and BUY for a double bottom.
Early Signal Generation:
To capture potential reversals sooner, the indicator also includes an “early signal” mechanism. This uses asymmetric offsets different from the confirmed fractal calculation:
Signal Right Offset: Defines the candidate bar used for early signal detection (default is 1 bar).
Signal Left Offset: Defines the number of bars to the left of the candidate that must confirm the candidate’s price is the extreme (default is 2 bars).
For an early top candidate, the candidate bar’s high must be greater than the highs of the bars specified by the left offset and also higher than the bar immediately to its right. For an early bottom candidate, the corresponding condition applies for lows.
If the early candidate’s price level is within the acceptable tolerance when compared to any of the previously stored confirmed fractals (again, within the allowed bar distance), an early signal is generated—displayed as SELL_EARLY or BUY_EARLY.
The early signal block can be enabled or disabled via a checkbox input, allowing traders to choose whether to use these proactive signals.
Key Parameters:
n:
The number of bars used to confirm a fractal. The fractal is considered valid if the bar’s high (or low) is higher (or lower) than the highs (or lows) of the preceding and following n bars.
maxBarsApart:
The maximum number of bars allowed between two fractals for them to be considered part of the same double top or bottom pattern.
tolerancePercent:
The maximum allowed percentage difference (default: 0.8%) between the high (or low) values of two fractals to qualify them as matching for the pattern.
signalLeftOffset & signalRightOffset:
These parameters define the asymmetric offsets for early signal detection. The left offset (default: 2) specifies how many bars to look back, while the right offset (default: 1) specifies the candidate bar’s position.
earlySignalsEnabled:
A checkbox option that allows users to enable or disable early signal generation. When disabled, the indicator only uses confirmed fractal signals.
How It Works:
Fractal Calculation and Plotting:
The confirmed fractals are calculated using the traditional method, ensuring robust identification by verifying the pattern with a symmetrical offset. These confirmed fractals are plotted on the chart using triangle shapes (upwards for potential double bottoms and downwards for potential double tops).
Pattern Detection:
Upon detection of a new confirmed fractal, the indicator checks up to 10 previous fractals stored in internal arrays. If the new fractal’s high or low is within the tolerance range and close enough in terms of bars to one of the stored fractals, it signifies the formation of a double top or double bottom. A corresponding SELL or BUY label is then placed on the chart.
Early Signal Feature:
If enabled, the early signal block checks for candidate bars based on the defined asymmetric offsets. These candidates are evaluated to see if their high/low levels meet the early confirmation criteria relative to nearby bars. If they also match one of the confirmed fractal levels (within tolerance and bar distance), an early signal is issued with a label (SELL_EARLY or BUY_EARLY) on the chart.
Benefits for Traders:
Timely Alerts:
By combining both confirmed and early signals, the indicator offers a proactive approach to detect reversals sooner, potentially improving entry and exit timing.
Flexibility:
With adjustable parameters (including the option to disable early signals), traders can fine-tune the indicator to better suit different markets, timeframes, and trading styles.
Enhanced Pattern Recognition:
The dual-layered approach (confirmed fractals plus early detection) helps filter out false signals and captures the essential formation of double tops and bottoms more reliably.
Global Liquidity Index (Candles)Global Liquidity Index (GLI) with Price Correlation
THIS INDICATOR ONLY WORKS ON THE 1D CHART, IF YOUR CHART USES ANOTHER TIMEFRAME THEN CHANGE IT TO THE 1 DAY ONE. It tracks global liquidity conditions by aggregating balance sheet data from major central banks worldwide, displayed as candlesticks for easy visualization.
Key Features:
Comprehensive data from 17 central banks including FED, ECB, PBoC, BoJ, and more
Customizable inputs to include/exclude specific central bank data
Special adjustments for FED RRP facility and Treasury General Account
70-day correlation delay which prove how liquidity leads price movements are factored in the indicator.
Price-liquidity correlation metric to quantify the relationship
A 70-day price projection based on current liquidity conditions is showed.
How To Use:
The indicator utilizes global liquidity with a 70-day delayed overlay gathering the historical relationship between liquidity and price.
The projection line provides an estimate of future price movements based on current liquidity conditions, making this tool valuable for medium to long-term investment planning.
This indicator builds upon the original work by "ingeforberg" with enhancements for correlation analysis and price projection capabilities. Data is sourced directly from central bank balance sheets and normalized to USD
Note:
If you like this indicator feel free to be part of x.com the first Bitcoin Wallet able to solve the problems of device hacks and physical attacks, thanks to a cutting-edge time delays over multisig technologic. Own a piece of www.bitvault.sv today:
wefunder.com
Disclaimer: help.wefunder.com
This script is provided for informational and educational purposes only. It is not intended to be, nor should it be construed as, financial, investment, or trading advice. Past performance is not indicative of future results, and the predictions or projections made by this script are purely algorithmic interpretations with no guarantee of accuracy.
Trading and investing involve risk, and you should conduct your own due diligence before making any financial decisions. You are solely responsible for your trading decisions, and neither the author nor TradingView will be liable for any losses incurred.
Always consult with a licensed financial professional before making investment decisions
Opening Range Breakout (5-Min)orb trading strategiouoiasf askjdkj oasdfoi hasfsd asdf sdf sg sdg sdg dfh fgjfgjtyvcb
SMC M1 Supply & Demand ScalpingOverview
This strategy is designed for scalping on the 1-minute (M1) timeframe, focusing on Smart Money Concepts (SMC), supply and demand zones, and liquidity grabs. It aims to catch high-probability trade setups by identifying key areas where institutional traders are likely to enter or exit positions.
To improve accuracy, the strategy incorporates a higher-timeframe (M15) 50 EMA filter to ensure trades align with the overall trend. It also includes risk management tools such as fixed stop-loss and take-profit levels, with an optional trailing stop-loss for maximizing profits.
How It Works
1️⃣ Identifies supply & demand zones based on recent swing highs and lows.
2️⃣ Detects liquidity grabs (stop-hunts) at these zones to confirm smart money activity.
3️⃣ Waits for a break of structure (BOS) to validate trade direction.
4️⃣ Filters trades using the M15 EMA to ensure trend alignment.
5️⃣ Enters trades with a fixed risk-reward ratio (default 1:3) for consistency.
6️⃣ Manages risk with stop-loss, take-profit, and an optional trailing stop.
This structured approach helps traders avoid unnecessary trades and focus on high-probability setups with strong trend confirmation.
Symbol Ratio with Standard Deviation BandsStandard deviations of 1SD, 2SD, 3SD for a set of ticker pair
Long Trend Linelong trend lines How to Use:
Open TradingView and go to the chart you want to add the trendline to.
In the top menu, click on Pine Editor.
Copy and paste the script into the editor.
Click Add to Chart.
This will display a long trend line between your specified points.
Feel free to modify this script for your needs, and let me know if you'd like more advanced features!
200 EMA AlertHow It Works:
The 200 EMA calculates the average price over the last 200 periods, giving more weight to recent price movements for a smoother and more responsive trend line.
It helps traders determine whether the market is in a bullish (above 200 EMA) or bearish (below 200 EMA) phase.
Why Traders Use the 200 EMA:
✅ Trend Confirmation – If the price is above the 200 EMA, the trend is bullish; if below, the trend is bearish.
✅ Dynamic Support & Resistance – Price often reacts around the 200 EMA, making it a key level for entries and exits.
✅ Works on All Timeframes – Whether on the 1-minute chart or the daily timeframe, the 200 EMA is effective for scalping, swing trading, and long-term investing.
✅ Easy to Combine with Other Indicators – Traders pair it with RSI, MACD, or price action for stronger confirmation.
How to Use It in Trading:
📌 Trend Trading – Buy when price pulls back to the 200 EMA in an uptrend; sell when price retests it in a downtrend.
📌 Breakout Strategy – A strong candle breaking above/below the 200 EMA signals a possible trend reversal.
📌 Filtering Trades – Many traders only take long trades above and short trades below the 200 EMA to align with the overall market trend.
Conclusion:
The 200 EMA is an essential indicator for traders of all levels, offering clear trend direction, strong support/resistance zones, and trade filtering for better decision-making. Whether you're trading forex, stocks, or crypto, mastering the 200 EMA can give you a significant edge in the markets. 🚀📈